Potential market movers in the week to come are…· Mon: Pending Home Sales 10:00 AM ET· Tues: Redbook 8:55 AM ET· Weds: ADP Employment Report 8:15 AM ET· Thurs: Jobless Claims 8:30 AM ET· Thurs: Productivity and Costs 8:30 AM ET· Fri: Employment Situation 8:30 AM ET Ben Bernanke Speaks at 10:00 AM ET on Tuesday. The bank “Stress Tests” results have been moved up to Thursday, May 9. The stress tests are a government exercise to help regulators get…
Market movers in the week to come are…· Tues: Consumer Confidence 10:00 AM ET· Weds: GDP 8:30 AM ET· Weds: FOMC Meeting Announcement 2:15 PM ET· Thurs: Personal Income and Outlays 8:30 AM ET· Thurs: Jobless Claims 8:30 AM ET· Fri: Consumer Sentiment 9:55 AM ET· Fri: ISM Manufacturing Index 10:00 AM ET Also note…· Paul Volcker Speaks Thursday at 3:45 PM ET· Tim Geithner Speaks Friday at 8:00 AM ET· James Bullard Speaks Friday at 9:45 AM ET We…
Potential market movers in the week to come…· Mon: Leading Indicators 10:00 AM ET· Tues: Redbook 8:55 AM ET· Weds: EIA Petroleum Status Report 10:30 AM ET· Thurs: Jobless Claims 8:30 AM ET· Thurs: Existing Home Sales 10:00 AM ET· Fri: Durable Goods 8:30 AM ET· Fri: New Home Sales 10:00 AM ET Earnings announcements for the week can be found here. The next logical target on the S&P would be 910, but before that happens, a pullback should be…
The week is filled with economic news, Alcoa kicked off earnings season last Tuesday with a Q1 loss of $0.59 per share and revenues declining 36%. We have some big names reporting this week including Goldman Sachs (GS) Monday, Intel (INTC) Tuesday, and Google, (GOOG) Thursday. Economic news for the week is as follows… · Tues: Producer Price Index 8:30 AM ET· Tues: Retail Sales 8:30 AM ET· Weds: Consumer Price Index 8:30 AM ET· Weds: Empire State Manufacturing Survey…
Not too much this week in terms of economic news…· Thurs: International Trade 8:30 AM ET· Thurs: Jobless Claims 8:30 AM ET· Fri: Matket Closed/Banks Open – Good Friday We’re looking to the S&P 875 area as the next price target, that being prior resistance. The 820-830 area will act as support if we do pull back and will make for a great buying opportunity. Watch for reoccurring higher highs and higher lows to signify an uptrend. As soon as…
In the week ahead make note of these important economic announcements.· Tues: Consumer Confidence 10:00 AM ET· Weds: ISM Manufacturing Index 10:00 AM ET· Weds: Pending Home Sales Index 10:00 AM ET· Thurs: Jobless Claims 8:30 AM ET· Fri: Employment Situation 8:30 AM ET· Fri: Ben Bernanke Speaks 12:00 PM ET Our next target level is the S&P 875 area with a support level at 805. The dailies are forming a bull flag so any break over $833 should constitute…
In the week ahead make note of these important economic announcements.· Mon: Existing Home Sales 10:00 AM ET· Weds: Durable Goods Orders 8:30 AM ET· Weds: New Home Sales 10:00 AM ET· Thurs: GDP 8:30 AM ET· Thurs: Jobless Claims 8:30 AM ET· Fri: Personal Income and Outlays 8:30 AM ET· Fri: Consumer Sentiment 9:55AM ET Treasury Secretary Timothy Geithner will hold a briefing at 8:45 ET on Monday in efforts to stabilize the financial system. He is also delivering…
In the week ahead make note of these important economic announcements.· Sun: Ben Bernanke Speaks on CBS 60 Minutes 7:00 PM ET· Mon: Industrial Production 9:15 AM ET· Tues: Housing Starts 8:30 AM ET· Tues: Producer Price Index 8:30 AM ET· Weds: Consumer Price Index 8:30 AM ET· Weds: FOMC Meeting Announcement PM 2:15 ET· Fri: Ben Bernanke Speaks 12:00 PM ET Other economic news reports are Housing Market Index Monday, Petroleum Status Report Tuesday and Jobless Claims Thursday. Visit…